Motion Control Global Market Report 2024

Description

Motion Control Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on motion control market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
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Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for motion control? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The motion control market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Computerized Numeric Control; General Motion Control; Servo drives; Position control hardware
2) By Component: Actuators and Mechanical Systems; Motion Controllers; Electric Drives; Ac Motors; Sensors and Feedback Devices
3) By Application: Metal Cutting; Metal Forming; Material Handling Equipment; Robotics; Semiconductor Machinery; Rubber and Plastics; Machinery; Other Applications
4) By Industry: Aerospace and Defense; Automotive; Semiconductor and Electronics; Metals and Machinery Manufacturing; Food and Beverages; Medical; Printing and Paper; Pharmaceuticals and Cosmetics; Other Industry
Companies Mentioned: ABB Ltd.; Fanuc Corporation; Mitsubishi Electric Corporation; Siemens AG; Yaskawa Electric Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Motion control encompasses the automated process of precisely moving individual components within a machine to ensure accurate functionality. This automation technology significantly enhances control over object movement, particularly vital in industries such as packaging, production lines, and assembly, where precise movement is crucial for operational efficiency.

There are several primary types of motion control. Computerized Numerical Control (CNC) automates machine tool control via software, specifying settings like material feed rates and part movement. General motion control, servo drives, and position control hardware are also essential categories. Components in motion control systems include actuators, motion controllers, electric drives, sensors, and feedback devices.

Motion control finds applications in various industries, including metal cutting, material handling, robotics, semiconductor manufacturing, and more. Its relevance spans across sectors such as aerospace, automotive, electronics, machinery, food and beverages, medical, printing, pharmaceuticals, cosmetics, and others.

The motion control market research report is one of a series of new reports from The Business Research Company that provides motion control market statistics, including motion control industry global market size, regional shares, competitors with a motion control market share, detailed motion control market segments, market trends and opportunities, and any further data you may need to thrive in the motion control industry. This motion control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The motion control market size has grown strongly in recent years. It will grow from $15.91 billion in 2023 to $16.82 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. During the historical period, growth can be credited to advancements in entertainment and gaming, the expansion of industrial automation, a rising demand for robotics, increased manufacturing activities, and a heightened emphasis on precision and efficiency.

The motion control market size is expected to see strong growth in the next few years. It will grow to $20.99 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. In the upcoming forecast period, growth is expected to stem from the adoption of Industry 4.0 and smart manufacturing practices, a continued surge in robotics and automation, the widespread expansion of Industrial IoT (Internet of Things), an increasing demand for precision engineering, and a persistent focus on energy efficiency. Anticipated trends in this forecast period encompass innovative safety measures, the continued expansion of electric vehicles, automation within healthcare, the integration of automation in food processing, and the convergence of entertainment and gaming with technological advancements.

The surge in adopting automation within manufacturing facilities is poised to drive the motion control market's growth. Automation involves leveraging technology like robots to streamline tasks without manual intervention. Various industries are embracing motion-control robots to maximize efficiency and streamline operations. Integrating these robots in manufacturing yields benefits in productivity, quality enhancement, and worker safety by minimizing errors and waste while adding flexibility to the production process. A report from Manufacturing India in March 2022 highlighted the increasing adoption of automation in Indian manufacturing, projecting that by 2050, around 85-90% of manufacturing firms in India will have automated their operations. Consequently, this escalating embrace of automation in manufacturing facilities fuels the motion control market's expansion.

The aerospace sector's expansion is anticipated to propel the motion control market's growth. Spanning commercial, industrial, and military applications, the aerospace industry involves vehicular flight within and beyond Earth's atmosphere. Motion control systems find relevance in emergency fuel systems, pilot cooling system pumps, mobile weapon systems, and other aerospace applications. For instance, in 2022, Airbus SE, a France-based aircraft manufacturer, witnessed a substantial increase in commercial aircraft deliveries and new orders, indicating an 8% rise in gross new orders compared to the preceding year. Hence, the aerospace sector's expansion becomes a significant driver for the motion control market's growth.

A prevailing trend in the motion control market is product innovation, notably adopted by major industry players. Companies focus on developing new technological solutions to bolster their market position. An instance is Performance Motion Devices, Inc., a US-based firm in high-performance motion control, which introduced the ION/CME N-Series digital drive in May 2021. This advanced motion controller caters to intricate motion control needs in manufacturing, supporting high-performance motor control for various types such as AC and DC induction motors. Equipped with features like flexible connection options, 1 KW output capacity, and support for encoders like quadrature, sin/cos, and BiSS-C, among others, the ION/CME N-Series Digital Drive offers a comprehensive control solution.

Major players in the motion control market are dedicated to innovative product development, including motion control platforms. These mechanical devices enable movement along one or more of the six degrees of freedom (DoF) that can be independently defined. An example is Aerotech Inc.'s launch of Automation1 in July 2023, a precision motion control platform. Automation1 boasts unique attributes such as a TCP socket interface (beta), enhancements in machine apps HMI, modules aiding motor setup, and improvements for galvo laser scan heads, among others. Designed for Aerotech users to continually access enhanced control levels, Automation1 signifies the company's commitment to advancing control capabilities for its users.

In October 2021, Novanta Inc., a US-based company specializing in motion control technology, completed the acquisition of Schneider Electric Motion for $115 million. This strategic move aims to bolster Novanta Inc.'s product portfolio, particularly in motion control for life sciences and medical applications. Schneider Electric Motion, a France-based entity, operates within the motion control technology domain.

Major companies operating in the motion control market report are ABB Ltd., Fanuc Corporation, Mitsubishi Electric Corporation, Siemens AG, Yaskawa Electric Corporation, Altra Industrial Motion, Parker Hannifin Corporation, Rockwell Automation Inc., Robert Bosch GmbH, Dover Motion, Omron Corporation, Novanta Inc., AMETEK Advanced Motion Solutions, Galil Motion Control, Schneider Electric SE, Emerson Electric Co., STM Microelectronics, Bosch Rexroth AG, Kollmorgen, Moog Inc., Aerotech Inc., Delta Electronics, Advanced Motion Controls, Copley Controls, Elmo Motion Control, Faulhaber Group, Harmonic Drive LLC, KEB America, LinMot USA, Maxon Motor AG

Asia-Pacific was the largest region in the motion control market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motion control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the motion control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The motion control market consists of sales of position control, velocity control, torque controls, motor amplifiers, motion devices, motorized drivers, and electronic controllers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12889

1. Executive Summary

2. Motion Control Market Characteristics

3. Motion Control Market Trends And Strategies

4. Motion Control Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Motion Control Market Size and Growth

5.1. Global Motion Control Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Motion Control Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Motion Control Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Motion Control Market Segmentation

6.1. Global Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Computerized Numeric Control
General Motion Control
Servo drives
Position control hardware
6.2. Global Motion Control Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Actuators and Mechanical Systems
Motion Controllers
Electric Drives
Ac Motors
Sensors and Feedback Devices
6.3. Global Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Metal Cutting
Metal Forming
Material Handling Equipment
Robotics
Semiconductor Machinery
Rubber and Plastics
Machinery
Other Applications
6.4. Global Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Aerospace and Defense
Automotive
Semiconductor and Electronics
Metals and Machinery Manufacturing
Food and Beverages
Medical
Printing and Paper
Pharmaceuticals and Cosmetics
Other Industry

7. Motion Control Market Regional And Country Analysis

7.1. Global Motion Control Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Motion Control Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Motion Control Market

8.1. Asia-Pacific Motion Control Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Motion Control Market

9.1. China Motion Control Market Overview
9.2. China Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Motion Control Market

10.1. India Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Motion Control Market

11.1. Japan Motion Control Market Overview
11.2. Japan Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Motion Control Market

12.1. Australia Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Motion Control Market

13.1. Indonesia Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Motion Control Market

14.1. South Korea Motion Control Market Overview
14.2. South Korea Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Motion Control Market

15.1. Western Europe Motion Control Market Overview
15.2. Western Europe Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Motion Control Market

16.1. UK Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Motion Control Market

17.1. Germany Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Motion Control Market

18.1. France Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Motion Control Market

19.1. Italy Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Motion Control Market

20.1. Spain Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Motion Control Market

21.1. Eastern Europe Motion Control Market Overview
21.2. Eastern Europe Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Motion Control Market

22.1. Russia Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Motion Control Market

23.1. North America Motion Control Market Overview
23.2. North America Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Motion Control Market

24.1. USA Motion Control Market Overview
24.2. USA Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Motion Control Market

25.1. Canada Motion Control Market Overview
25.2. Canada Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Motion Control Market

26.1. South America Motion Control Market Overview
26.2. South America Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Motion Control Market

27.1. Brazil Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Motion Control Market

28.1. Middle East Motion Control Market Overview
28.2. Middle East Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Motion Control Market

29.1. Africa Motion Control Market Overview
29.2. Africa Motion Control Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Motion Control Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Motion Control Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Motion Control Market Competitive Landscape And Company Profiles

30.1. Motion Control Market Competitive Landscape
30.2. Motion Control Market Company Profiles
- 30.2.1. ABB Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Fanuc Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Mitsubishi Electric Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Siemens AG
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Yaskawa Electric Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Motion Control Market Competitive Benchmarking

32. Global Motion Control Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Motion Control Market

34. Motion Control Market Future Outlook and Potential Analysis

34.1 Motion Control Market In 2028 - Countries Offering Most New Opportunities
34.2 Motion Control Market In 2028 - Segments Offering Most New Opportunities
34.3 Motion Control Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer